Alstom: Moody's downgrades credit outlook
(CercleFinance.com) - Alstom reports that on 12 October Moody's Investors Service decided to confirm its long-term issuer rating at "Baa3", while lowering its credit outlook from "stable" to "negative".
The group believes that the change in outlook will have no impact on its ability to access short-term financing and perform contracts, and thus confirms its commitment to an Investment Grade rating.
On 4 October, the transport equipment supplier confirmed its medium-term targets in terms of sales growth, book-to-bill, profitability and cash generation.
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The group believes that the change in outlook will have no impact on its ability to access short-term financing and perform contracts, and thus confirms its commitment to an Investment Grade rating.
On 4 October, the transport equipment supplier confirmed its medium-term targets in terms of sales growth, book-to-bill, profitability and cash generation.
Copyright (c) 2023 CercleFinance.com. All rights reserved.